Due to the COVID-19 pandemic, the BCUOMA Annual General Meeting, typically held in June of each year, will be moved to November 2020 with the date and location still to be confirmed. Appropriate notice will be provided to all members once the details are finalized.
May 6, 2020
A MESSAGE TO BCUOMA MEMBERS FROM BOARD CHAIR BRIAN AHEARN:
The world as we know it has changed dramatically over the past weeks and months as the COVID-19 pandemic spread around the globe. This time of challenge and uncertainty is affecting all industries including ours. The BC Used Oil Management Association is responding and adapting to these new challenges, while we continue to deliver on our key mandate of ensuring that oil and antifreeze products are collected and responsibly managed province-wide.
AGM Date Change to November 2020:
The BCUOMA Annual General Meeting, typically held in June of each year, will be moved to November 2020 with the date and location still to be confirmed. Appropriate notice will be provided to all members once the details are finalized.
2019 Annual Report:
The 2019 Annual Report will be distributed in June as is the normal business practice. It will be posted and available on the BCUOMA website prior to June 30th, 2020.
As a market-facing organization, the revenues and expenses of BCUOMA are tied to the changes in the marketplace, as we align the with markets and suppliers. The impacts of the pandemic driven economic downturn, combined with historically low oil prices, will have an impact on BCUOMAs finances and operations in 2020 and the years beyond. While we know we will face challenges, our strong financial management practices have positioned BCUOMA to be able to withstand and manage the financial implications in the near term. Adjustments may be required in time as the uncertainty clears and we learn more about the long-term impacts of the pandemic. We want to assure you that BCUOMA will continue to the best of our abilities to deliver on our mandate and keep BCUOMA and its Members in compliance with the BC Recycling Regulation.
Brian Ahearn, Chair